Multiple Choice
Figure 10-5 
-Refer to Figure 10-5. A benevolent social planner would prefer
A) a $24 price to any other price.
B) 70 units to any other quantity of output.
C) a subsidy of $30 per unit to a subsidy of $27 per unit.
D) a tax of $27 per unit to a subsidy of $27 per unit.
Correct Answer:

Verified
Correct Answer:
Verified
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